Hi,
Warren Buffett the billionaires investor once declared that he wouldn't lose sleep if the stock market shut down for several years the day after he made a major investment. In my pervious posted "Our favourite holding period is forever."
warren Buffett timeframe on equity holdings is forever. He only invests in businesses that he understands and only buys when the price is right. In Circle of Competency he also insist that in sticking to businesses that he or she understands. in staying in your competence, If the circle is small you just need to stay inside you will be fine.
There are many website about Warren Buffett you can read more information about Warren Buffett: The insider`s story.
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